Champaign County property record for 2516 Co Rd 500 E, Mahomet, IL 61853
| Property Type | Single Family Home |
|---|---|
| Details | 1 ba · 1,670 sqft · built 1973 |
| Lot Size | 4 acres (174,240 sqft) |
| Owner | Individual Name on File |
| Tax Bill | $7,420 (2024) |
| Deeds & Mortgages | Jul 2023 Line of Credit Jan 2017 Mortgage |
| Flood Zone | Zone A (high risk) |
| APN | 16-07-25-300-012 |
| Primary APN | 16-07-25-300-012 |
|---|
| Full Baths | 1 Bath |
|---|---|
| Stories | 1 Story |
| Building Area | 1,670 sqft Living Area |
| Gross Area | 4,171 sqft |
| 1st Floor Area | 1,670 sqft |
| Basement Area | 1,670 sqft |
| Flooring | Wood |
| Interior Walls | Plaster |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1973 |
|---|---|
| Effective Year Built | Effective 1973 |
| Architectural Style | A-Frame |
| Exterior Material | Wood |
| Construction Type | Frame |
| Roof Material | Other |
| Lot Area | 174,240 sqft (4 acres) |
| Garage Type | Attached |
| Garage Area | 575 sqft |
| Parking Spaces | 7 Parking Spaces |
| Porch | Enclosed Frame Porch |
| Porch Area | 592 sqft |
| Deck Area | 144 sqft |
| Cooling System | Central |
|---|---|
| Heating System | Central |
| Street Address | 2516 COUNTY ROAD 500 E |
|---|---|
| City | MAHOMET |
| State | IL |
| Zip | 61853-4000 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Range | 07E |
| Legal Township | 21N |
| Legal Section | 25 |
| Jurisdiction | CHAMPAIGN IL |
| Township / Civil Division | NEWCOMB |
| Census Block Group | 3 |
| Census Block | 3054 |
| Census Tract | 10500 |
2516 Co Rd 500 E is owned and occupied by an individual.
Source: Champaign County records, as of April 29, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 2516 COUNTY ROAD 500 E, MAHOMET, IL 61853-4000 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Jul 5, 2023 | Deed of Trust, Mortgage · Line of Credit UNIVERSITY OF ILLINOIS COMMUNITY CU |
| Jan 30, 2017 | Deed of Trust, Mortgage · Commercial Mortgage BUSEY BANK |
| Deed Names | Name on Deed |
|---|---|
| Record Updated | Jun 8, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 2516 COUNTY ROAD 500 E, MAHOMET, IL 61853-4000 |
| Transaction Type | Mortgage |
| Record Updated | Aug 23, 2023 |
| Name | Verified Name |
|---|---|
| Investor | Possibly a Property Investor |
| Document Number | 0000009025 |
|---|---|
| Date | Jul 5, 2023 |
| Instrument | 2023R09025 |
| Name | UNIVERSITY OF ILLINOIS COMMUNITY CU |
|---|---|
| Type | Credit Union |
| Address | CHAMPAIGN, IL 61820 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 240 Months |
| Due | Jul 4, 2043 |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 2516 COUNTY ROAD 500 E, MAHOMET, IL 61853-4000 |
| Transaction Type | Mortgage |
| Record Updated | Apr 27, 2021 |
| Name | Verified Name |
|---|
| Document Number | 0000001693 |
|---|---|
| Date | Jan 30, 2017 |
| Instrument | 2017R01693 |
| Name | BUSEY BANK |
|---|---|
| Type | Bank |
| Address | URBANA, IL 61801 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 240 Months |
| Due | Jan 20, 2037 |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
| Max Rate | 18% |
Source: Champaign County assessment roll, as of April 29, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Champaign County |
| County Subdivision | Newcomb Township |
| Unified School District | Mahomet-Seymour Community Unit School District 3 (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $130,100 Land $23,990 Building $106,110 | $390,300 Land $71,970 Building $318,330 | |
| 2024 | $7,420.00 | ||
| 2022 | $6,231.00 Homeowner's exemption Senior Citizen's exemption | $100,750 Land $18,580 Building $82,170 | $302,250 Land $55,740 Building $246,510 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 2516 Co Rd 500 E in Zone A, a high-risk flood area; flood insurance is required for federally backed loans.
Source: FEMA National Flood Hazard Layer, effective July 14, 2021 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone A high risk |
|---|---|
| 100-Year Floodplain | Yes 1% annual chance |
| Floodway | No |
| Base Flood Elevation | Not determined for this zone |
| Flood Insurance Requirement | Required federally backed loans |
| Nearby Flood Policies | 9 in force |
| Nearby Flood Claims | 3 (1994–2008) |
| Most Recent Claim | Jun 2008 · alluvial fan flooding |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 2516 Co Rd 500 E is low, with a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · above 71% of Illinois |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: FCC Broadband Data Collection, based on 33 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Volo.net Internet+Tech Fiber | 1,000 / 1,000 |
| Nextlink Fixed Wireless | 500 / 200 |
May also be available: Mediacom Xtream, Verizon.
5G and 4G LTE (outdoors only)
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